Model N: Q1 Earnings Insights - Model N (NYSE:MODN)

Model N MODN reported its Q1 earnings results on Tuesday, February 6, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Model N missed estimated earnings by 3.45%, reporting an EPS of $0.28 versus an estimate of $0.29.

Revenue was up $4.34 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 15.5% drop in the share price the next day.

Here's a look at Model N's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.29	0.24	0.17	0.22
EPS Actual	0.31	0.35	0.22	0.23
Revenue Estimate	62.25M	62.09M	59.71M	57.72M
Revenue Actual	63.97M	63.74M	62.60M	59.15M

To track all earnings releases for Model N visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.